President to Make Difference in Tariffs for Electricity and Gas - Economist

The well-known economist Natig Jafarli believes that President Ilham Aliyev will intervene in the tariff issue and make changes in the price of electricity and gas.

According to Turan, on his profile on Facebook the expert suggested that differential prices for electricity and gas and the limits will bring confusion, and conflicts will arise between the public and the inspectors.

"Then, most likely, President will intervene and order to conduct calculations based on a single tariff. Electricity tariffs will be set at about 9 kopecks and 14 kopecks for gas. It seems that the new prices set by the Tariff Council will be reduced and everyone will thank the President," he wrote.

Recall that the Tariff Council under the Azerbaijani government revised energy prices on November 28.

The tariff for natural gas for the consumers of the population, the annual consumption of which does not exceed 1,500 cubic meters, is maintained at 0.1 manat per cubic meter. The use of gas in excess of 1,500 cubic meters by consumers from the same group will cost 0.2 manat per 1 cubic meter.

In addition, the wholesale price of a kilowatt-hour of electricity was increased from AZN 0.043 up to AZN 0.057.

Retained at the level of 0.07 AZN is the retail price of one kilowatt-hour of electricity for consumers whose monthly electricity consumption does not exceed 250 kilowatts / hour. Over and above the specified amount the electricity consumers will have to pay AZN 0.11 for a kilowatt / hour. ---71D